Posts by Amelia Frost
Report Says Google’s AI Overview Poses Risk To Children. And Parents Can’t Switch It Off
Google’s AI Overviews failed child safety tests and pose an “unacceptable risk” to children, according to a nonprofit organization that evaluates AI products. The report by Common Sense Media found that in tests “simulating a child in crisis, Google’s AI often responded in dangerous ways, even sending them to a help line that no longer…
Read MoreIraq And Syria Have Signed A Deal To Restore A Major Oil Pipeline. It Would Create An Alternative To The Strait Of Hormuz.
Iraq and Syria signed an agreement Friday to rebuild a long-dormant oil pipeline that would give Baghdad a critical export route to the Mediterranean and reduce its dependence on the Strait of Hormuz. The agreement was signed during a U.S. Chamber of Commerce summit in Washington focused on American investment in Iraq. U.S. Energy Secretary…
Read More‘No One Thinks The Mayor Makes Too Little’: Zohran Mamdani Rejects Sizeable 18% Pay Rise
New York City Mayor Zohran Mamdani said on Thursday, 16 July, that he will refuse an 18% pay rise approved hours earlier by the New York City Council, insisting that ‘no one’ in the city believes the mayor is underpaid. The council had just voted to lift salaries for themselves, the mayor and other top…
Read MoreUS-Iran Strikes Now Target Power, Water Facilities. Peace Hopes Recede
The US and Iran continued the relentless attacks and counterattacks on infrastructure and military targets on Saturday, as their battle over the Strait of Hormuz intensified, plunging the June ceasefire to abysmal depths. The US Central Command on Saturday touted that its the seventh straight night of strikes had hit “surveillance sites, military logistics infrastructure,…
Read MoreXRP Search Interest Hits All-Time Low One Year After Its $3.65 High
Exactly one year ago today, on July 18, 2025, XRP printed its all-time high of $3.65, and the world could not stop Googling it. Worldwide XRP search interest hit a perfect score of 100 that same week, the euphoric peak of a rally years in the making. Fast forward twelve months and the token trades…
Read MoreFlorida Man Accused Of Hiding Crypto-Stealing Malware In Steam Games. Federal Agents Say Thousands Of Devices Were Infected.
Federal authorities have arrested a 21-year-old Florida man accused of participating in a scheme that allegedly used malware-infected video games to steal cryptocurrency from gamers, marking one of the largest publicly disclosed cybercrime investigations involving titles distributed through the ecosystem in recent years. Court documents detailed that Zyaire Wilkins of Florida was arrested on July…
Read MoreThe Great Wealth Transfer Has Been Pegged at $105 Trillion. One Study Says That’s an Overestimation
The size of the so-called “great wealth transfer” is once again under debate after a new analysis suggested far less money may actually end up in the hands of heirs than widely cited estimates have projected. A new report from Visa Business and Economic Insights estimates that $36 trillion in baby boomer wealth will be…
Read MoreBP And ConocoPhillips Are Pouring Billions Into Iraq. The Bigger Goal Is Reducing Iran’s Energy Influence.
ConocoPhillips has agreed to acquire a 42% stake in BP Energy Company of Kirkuk Limited, expanding its footprint in northern Iraq at a time when the United States and Iraq are working to strengthen energy ties and reduce the region’s dependence on routes vulnerable to disruption. The transaction, which is expected to close by the…
Read MoreMeta May Have Found A New AI Business. Anthropic Is Reportedly Considering Paying Up To $10 Billion For Computing Power.
As the race to build larger and more powerful artificial intelligence systems accelerates, access to computing infrastructure has become one of the technology industry’s most valuable commodities, with companies increasingly willing to spend billions of dollars to secure processing capacity. Meta Platforms is in talks to lease computing power from its artificial intelligence data centers…
Read MoreShort Sellers Target SpaceX Stock While Its Investment-Grade Debt Trades Like Junk Bonds
KEY POINTS The company’s investment-grade debt rating contrasts with bond market pricing that reflects higher investor risk concerns. Rising borrowing costs and a weaker stock price could make future fund-raising more expensive. Fresh off of SpaceX’s record-breaking IPO that raised $75 billion, in a highly unusual move the company returned to capital markets with a…
Read MoreSpaceX’s Stock Has Fallen Below Its IPO Price. Now It Has ‘Dampened the Mood’ For Other IPOs
SpaceX‘s blockbuster debut on the public markets was widely seen as the event that would reopen the door for billion-dollar technology initial public offerings, but now the aerospace giant’s declining share price is cooling investor enthusiasm for the next generation of mega IPOs. Shares of Elon Musk’s rocket and satellite company traded below $124 on…
Read MoreStocks Fell Again Dragged By Chipmakers and U.S.-Iran Tensions, Wall Street Capped a Weekly Decline
Stocks fell on Friday, with the top benchmarks capping a negative week dragged by chipmakers and escalating tensions between the U.S. and Iran. The S&P 500 dropped 1.01%, while the tech-heavy Nasdaq Composite underperformed falling 1.40%. The Dow Jones Industrial Average plunged 0.77%. Netflix also underperformed, dropping more than 7% even though its earnings report…
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